LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...
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WALE EDUN HOSTS EU ENVOY, PAVES WAY FOR EXPANDED TRADE, INVESTMENT. (PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE


WALE EDUN HOSTS EU ENVOY, PAVES WAY FOR EXPANDED TRADE, INVESTMENT


In a significant step towards deepening economic cooperation, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today in his office in Abuja, hosted the European Union (EU) Ambassador to Nigeria, Mr. Gautier Mignot, for a high-level discussions aimed at strengthening EU-Nigeria economic ties.


The meeting spotlighted the EU’s €1.3 billion investment portfolio in Nigeria, recent engagement by the European Bank for Reconstruction and Development (EBRD), and the Global Gateway Investment Strategy aimed at deepening Africa-Europe economic ties.


The discussions also highlighted strategic projects such as the Trans-Saharan Gas Pipeline and the National Single Window trade system, further aligning with Nigeria’s fiscal consolidation and infrastructure modernisation agenda.


Ambassador Mignot underscored the EU’s position as Nigeria’s largest trading partner and a major source of foreign direct investment. He proposed the creation of a formal trade and investment dialogue framework to unlock further opportunities through enhanced collaboration, particularly in infrastructure, green finance, and sustainable development.


HM Edun welcomed the initiative, reaffirming Nigeria’s commitment to macroeconomic stability, investor-friendly reforms, and digital transformation. He emphasized ongoing reforms to improve the ease of doing business, projected GDP growth of 4.6% by 2025, and rising trade surplus as key indicators of Nigeria’s economic progress.


Both parties expressed optimism about future engagements and reaffirmed their commitment to deepening a robust, mutually beneficial economic partnership.


As Nigeria continues to navigate the complexities of global economic dynamics, this renewed commitment to EU-Nigeria economic cooperation marks a significant step towards a more prosperous and sustainable future for the nation.


Signed 

Mohammed Manga FCAI

Director, Information and Public Relations 

March 27, 2025.

More photos below. 




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